Upcoming Webinars
Elevate Your Brand with AI
Tuesday, May 21, 2 p.m. ET
This May, Arch MI offers an exclusive webinar led by AI Mastery founder Ginger Bell.
It’s a unique opportunity to explore the transformative power of Artificial Intelligence (AI) to reshape your branding and marketing strategies within the mortgage and real estate sectors.
Featured Webinar: Five Steps to Better Goal Setting and Planning
Tuesday, Feb. 7, 3 p.m. ET
General Dwight Eisenhower said, “Plans are nothing. Planning is everything.” While many things can affect a plan (i.e., higher interest rates), the act of planning is where the value is.
You’ll learn:
- The five-step GRASS method.
- Three common mistakes to avoid.
- The most important (and sometimes the most difficult) thing your plan should include.
Featured Webinar: Arch MI Housing Update – February 2023
Thursday, Feb. 9, 3 p.m. ET
After the housing market was turned upside down in 2022, building blocks for the next housing cycle are being put into place. Watch live as HaMMRSM Digest authors Parker Ross (Arch Chief Economist) and Leonidas Mourelatos (Director of Real Estate Economics) discuss the outlook for the labor market, interest rates and the home shortage with implications for homebuyers this year.
Featured Webinar: Mortgage Fraud, Do Your Diligence
Tuesday, Mar. 14, 1 p.m. ET
Join Arch MI to understand the impact of mortgage fraud, how to spot it and how to prevent it. Mortgage fraud has been around a long time and it continues to be one of the fastest growing crimes in the United States. With this course, acquire an increased awareness of the sources of fraud, learn ways to prevent fraudulent mortgage loans and discover how to effectively identify “Red Flags”.
Select a course category below to see what topics are offered under each and how to access:
Mortgage Insurance Courses
An Overview of MI
A Path to Homeownership
Audience: Mortgage Professionals
Learn about Mortgage Insurance (MI): What it is, how it works, why it provides value to lenders, investors, borrowers and how it helps build a path to homeownership!
Appraisal Courses
Analyzing Appraisals for Single Family Residences
Identifying the Key Areas of the Uniform Residential Appraisal Report
Audience: Loan Processors and Underwriters
Identifies the key areas to focus on in the Uniform Residential Appraisal Report. In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach.
Back to Basics Courses
Income Fundamentals 101
The First Step in Understanding Acceptable Qualifying Income
Audience: Loan Originators, Loan Processors, Jr. Underwriters
In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income.
ON DEMAND VIDEO | Contact your Account Manager for more information about this course.
Tax Return Fundamentals
Business Entities and Tax Forms
Audience: Loan Originators, Loan Processors, Jr. Underwriters
In this Back to Basics course, we will review the various business structures, the tax forms used to report business income and how income flows from business to personal tax returns.
ON DEMAND VIDEO | Contact your Account Manager for more information about this course.
Business Development Courses
Journey to Success in Business and Life
Strategies for Achievement Learned on a 500-Mile Trek Across Spain
Audience: Mortgage Professionals
This unique professional development opportunity provides insights on how to grow and expand your skills to achieve more happiness and success at home and work. Arch MI’s accredited public speaker and industry expert, Blaine Rada, will share his story of personal challenge and valuable lessons gained during his month-long trek across Spain, unplugged from modern life, technology and the nine-to-five routine. This stimulating presentation will get you thinking through the next steps to your best year yet.
Seizing Market Share
Creating Separation Between You and Your Competitors
Audience: Loan Originators, Managers and Marketing Staff
Learn how to differentiate yourself from the competition and gain market share by becoming the best choice for mortgages among borrowers and Realtors®. Enhance your reputation by aligning your market, message and media. Discover untapped markets for additional business, understand the importance of content marketing, know what your borrowers value in a lender, create unique competitive advantages and examine a framework for selecting Realtor partners.
Sharpen Your Selling Skills
How to Become a Trusted Advocate, Earn More Business and Bring in Quality Loans
Audience: Loan Originators
Learn effective selling skills and interpersonal techniques that earn you more business, attract better-quality loans and enable you to become a trusted advocate for your borrowers.
Ten Tips That Turn the Tide in Your Favor
Ideas for Success in a Changing Market
Audience: Loan Originators and Mortgage Management Professionals
Whether you’ve been in the business for decades or have just taken on a new role, you’ll benefit from 10 tips for communicating effectively with mortgage referral partners to gain a regular stream of business.
Income Analysis
Clarify the Confusion
Understanding Self-Employed Borrowers and Business Tax Returns
Audience: Loan Originators, Sr. Processors and Underwriters
Enhance your understanding of self-employed borrowers and develop an understanding of the components of business tax returns. Allowable add-backs and required deductions will be discussed, and we’ll demonstrate how to calculate income from various business structures, introducing you to the Arch MI Tax Return Analysis Calculator (AMITRAC), the industry’s most user-friendly Schedule Analysis form.
Explore the Essentials
Reviewing and Understanding the Basics of Tax Returns
Audience: Loan Originators, Jr. Processors and Underwriters
Learn about the various tax returns and forms in this introductory class. Various income sources, income trending and non-taxable income will be discussed. In addition, you’ll review a variety of income sources, from Social Security to interest income to capital gains, and learn how to calculate income for rental property owners utilizing Arch MI’s Tax Return Analysis Calculator (AMITRAC). In addition, you’ll be introduced to business tax returns and learn the differences between the business structures.
“I” is for Income
The Basics of Qualifying Income
Audience: Loan Processors and Junior Underwriters
Correctly calculating income is fundamental to insuring a member qualifies for a loan. In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. Bring your calculator and be ready to practice what you learn.
Master the Mystery
Navigating and Evaluating Personal Tax Returns
Audience: Loan Originators, Loan Processors and Underwriters
Learn the fundamentals of navigating through personal tax returns, including key components of the 1040 including Schedule 1, Schedule B, Schedule D and Schedule E. Discover when and why tax returns are needed, and how to recognize when tax returns are complete. Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC).
Negotiate the Numbers – The Basics
The Basics of Business Tax Returns and Self-Employed Borrowers
Audience: Loan Originators, Loan Processors and Underwriters
Learn how to determine qualifying income for self-employed borrowers and understand the different business structures related to Sole Proprietorships (Schedule C), Partnerships (Form 1065), S Corporations (Form 1120S) and Corporations (Form 1120). Recognize cash-flow adjustments, which deductions are required, and which are allowable add-backs. Learn when a Profit and Loss Statement is needed. Net Operating Losses and Personal Debt Paid by Business will be discussed.
Negotiate the Numbers Applied: Partnership, S Corporation, Corporation
Case Study: Partnership, S Corporation, Corporation
Audience: Loan Originators, Loan Processors and Underwriters
Study the Partnership (Form 1065), the S Corporation (Form 1120S) and the Corporation (Form 1120). Understand K-1’s and learn about ordinary income, distributions and liquidity tests. Understand cash flow adjustments for the Corporation.
Negotiate the Numbers Applied: Sole Proprietorship
Case Study: Sole Proprietorship
Audience: Loan Originators, Loan Processors and Underwriters
Study the Sole Proprietorship (Schedule C) and learn how to determine business expenses for cars or trucks, meals, business use of a home and other expenses. Cash flow will also be discussed.
Mortgage Skills
Conquer the Components
Understanding the Aspects of a Loan File
Audience: Loan Processors, Loan Processors and Jr. Underwriters
Get an overview of The Three C’s of mortgage banking including income/employment, assets/reserves and ratios. Understand the factors that make up a credit score, and the fundamentals of mortgage risk.
Essentials of Mortgage Lending (1 or 2-Day Course)
Understanding the Fundamentals of Home Loans
Audience: Loan Originators, Loan Processors and Underwriters
1-Day Course:
This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Modules focus on the Three Cs of mortgage lending, including credit, income, assets and collateral. New to the industry? Need a refresher? This course will help you strengthen your mortgage skills and knowledge.
2-Day Course:
This two-day course, designed with industry newcomers in mind, provides an overview of mortgage lending from A to Z. Modules range from industry terminology and property types, to the basics of understanding credit, income, the loan application and more! Let us help you build, strengthen and educate your team.
Please note: There is a nominal fee for this course. Contact your Arch MI Account Manager for details.
Fannie Mae HomeReady
The Key Points
Audience: Loan Originators and Marketing Staff
Expand your market of borrowers by learning the key points and unique features of the Fannie Mae HomeReady™ Program. An alternative to FHA financing, HomeReady™ is designed for creditworthy, low-to moderate income borrowers and includes expanded eligibility for financing homes in designated low-income, minority and disaster-impacted communities.
Loan Processing Using the Redesigned URLA/Form 1003
Making the Loan Application Process Easier
Audience: Loan Originators and Loan Processors
Learn how to use the redesigned Uniform Residential Loan Application or URLA (also known as Fannie Mae Form 1003 and Freddie Mac Form 65), to process your loan application. Understand what documents to gather, how to review and verify required documentation, and prepare the loan application for underwriting. Use Arch MI resources to assist you in your loan processing review.
Mortgage Fraud
Do Your Diligence
Audience: Loan Originators, Loan Processors and Underwriters
Understand the impact of mortgage fraud, how to spot it and how to prevent it. Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. With this course, acquire an increased awareness of the sources of fraud, learn ways to prevent fraudulent mortgage loans and discover how to effectively identify “Red Flags”.
Navigating the New URLA
Overview and Highlights
Audience: Mortgage Professionals
Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. This session will provide an overview of this new industry-standard loan application, review its components and highlight key features and differences between it and the loan application used before it. You will also be pointed to helpful resources that you can utilize.
ON DEMAND VIDEO| Contact your Account Manager for more information about this course.
Trended Credit Data
An Overview
Audience: Loan Originators, Loan Processors and Underwriters
What is Trended Credit Data? In less than 10 minutes, we will define it, discuss Desktop Underwriter® as it relates to trended credit data and talk about the impact that trended credit data will have on Arch MI-insured loans.
What Starts Well, Ends Well
12 Steps to Ensure a Smooth Transaction
Audience: Loan Originators
Learn simple techniques you can use to set loans up for success. From setting realistic expectations, to understanding what drives borrower satisfaction, you’ll discover how to invest your time and effort for maximum return. As an added bonus, you’ll learn how to overcome common loan challenges and a formula for getting exceptions approved.
Virtual World
Building Your Virtual World
Learn How to Record Videos, Share Screens and More Using Zoom
Audience: Mortgage Professionals
As we enter into this new world of remote workers and social distancing, we will need to change how we do business. Today you must meet with borrowers virtually and being able to share how to upload documents, review conditions or appraisals is important. In this webinar, Ginger Bell will share how to share your screen with borrowers via virtual meetings and record videos using Zoom.
Educating in the Virtual World
Building Your Business with Webinars, Facebook Live Events and YouTube
Audience: Mortgage Professionals
In this recorded webinar, we will share how to set up, invite and host online webinars, FaceBook Live Events and post videos onto YouTube to educate, inform and promote. Arch MI is excited to bring you this important information with industry professional, Ginger Bell! Now more than ever it is important to share your expertise and webinars can help you do that!
Virtual Business Meetings
How to Set Up and Conduct Virtual Meetings with Your Borrowers
Audience: Mortgage Professionals
As we enter into this new world of remote workers and social distancing, we will need to change how we do business. Moving your meetings to online virtual meetings is one of the first things you can do to help to conduct visual meetings with your customers and partners.
Creating a Customer Communication Strategy Plan
Keeping customers informed and engaged in a virtual world
Audience: Mortgage Professionals
Getting a mortgage is one of the most stressful things people go through. Combine that with the recent pandemic environment and it is not surprising that your customers have varying needs and comfort levels for communication and engagement right now.